3 Hughes Street
Richmond Hill, ON
- 5 bath
- 7,405 sqft
- Investment
- 320 days on market
Bring Your Offer, We'll work on it. This property is back to back with 192 king Rd and can be combined for having bigger lot.This exceptional property features 5 rooms and 5 bathrooms, with each room equipped with its own thermostat, heating, cooling system (AC). The home includes a heat pump system for efficient comfort year-round.Zoned for both residential and commercial use, it's perfect for professional offices, medical or dental clinics, daycare centre , and more. There's also a spacious 900 sq. ft. storage area with a separate entrance - ideal for additional income or business use.Located just a 3-5 minute walk from Yonge Street and King Road, this property sits in a high-demand neighbourhood in Richmond Hill, close to all amenities. Generates approximately $5,000 monthly rental income.Don't miss this rare investment and business opportunity!
Listing Details
- Taxes (2025)
- $4,569
- Listed
- October 22, 2025
Price History
Property
- Lot Size
- 53 x 139 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- King Rd /Yonge St.
- Zoning
- GC1
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area L4E
- Population
- 54,606
- Private dwellings
- 17,103
- Median age
- 40.4
- Average household size
- 3.3
- Median household income
- $127,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Richmond Hill · last 12 months
- Median sold price
- $1,119,500
- Homes sold
- 1,986
- Median days on market
- 24
- Sale-to-list price
- 98.5%
Based on 1,986 recorded sales of commercial properties in Richmond Hill over the last 12 months.
Listed by
LUXURY HOME REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 7,405 sq ft
- Price per sq ft
- $247.13
- Annual property tax
- $4,569
- Tax per sq ft
- $0.62
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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